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Bloomberg | April 29, 2020
European utilities with bulging renewable energy portfolios are showing that the way out of the coronavirus slump is colored green. Energy companies from Orsted A/S to Iberdrola SA reported robust first quarter earnings in a period that has been bedeviled by a slump in energy demand and a collapse in gas prices. Owning large wind and solar portfolios has so far protected those companies from the worst effects of the crisis. Utilities are the third best performing sector on the Stoxx 600 this yea...
Energy
TDK Ventures | December 19, 2023
TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures has invested in battery and charging system innovator Exponent Energy and its reimagining of EV battery technology, tailor-made for the Indian last-mile logistics market. Coming fresh off helping build the 2W EV OEM Ather, now a highly valued EV startup in India, Exponent Energy founders Arun Vinayak and Sanjay Byalal Jagannath have led a top-notch team of technical experts to bring a much-needed solution to the India...
EDP Renewables | May 31, 2021
EDP Renewables, a part of the EDP group, increases its worldwide footprint with its 16th market. This expansion reinforces EDPR’s strategic presence in Latin America, where it currently has 0.4 GW of operating capacity in Brazil, and it is developing 1.6 GW in the Brazilian and Colombian markets. EDP Renewables, a global leader in the renewable energy sector and the fourth most significant renewable energy producer globally, has reached agreements to acquire a...
Solar+Storage
businesswire | April 04, 2023
Enviva Inc. welcomes today’s news that the European Union’s trilogue negotiations concluded with an agreement on the Renewable Energy Directive III (“REDIII” or the “Directive”) and is pleased to hear that woody biomass will continue to be recognized as a renewable energy source in the EU. Although the final text of the agreement has yet to be released publicly, the Company also understands that, encouragingly, the agreement does not impose rest...
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